More than 60 Orders Received from 28 Separate Intelligence Agencies
YOUNGSVILLE, N.C., June 4 /PRNewswire-FirstCall/ -- Law Enforcement Associates Corporation (LEA) (AMEX:AID), a leading provider of surveillance and security products to the global law enforcement, military, security and corrections markets, today announced it has received orders for more than 60 of its new covert tracking system from 28 domestic law enforcement and intelligence agencies. Total value of the orders, which have been received during the past several months, is approximately $425,000.
"Response to this classified product offering has been very encouraging," said Paul Feldman, president. "We believe this strong order volume is indicative of the tracking system's effectiveness in the field, as well as an increased level of spending within many of the law enforcement and intelligence agencies we target. Due to the nature of the product and its applications, we are unable to provide additional detail regarding the system or the customers that have purchased it." Feldman added, "We are optimistic about the business opportunities we are pursuing, which include a large government contract we are expecting to renew in the coming weeks. We also are pleased with the progress we are making with industry partners such as Smith & Wesson (NASDAQ:SWHC) and FLIR Systems (NASDAQ:FLIR)." LEA and FLIR will jointly exhibit at the National Technical Investigators' Association (NATIA) Annual Training Conference and Technology Exhibition in July. FLIR is a world leader in the design, manufacturing, and marketing of thermal imaging and stabilized camera systems for a wide variety of thermography and imaging applications.
About Law Enforcement Associates, Inc. (LEA) LEA is a leading security and surveillance technology company that manufactures and markets a diverse product line to the worldwide law enforcement, military, security and corrections markets. The company's Audio Intelligence Devices (AID) division has been serving the law enforcement sector for more than 30 years and is one of the most respected names in the surveillance equipment industry. LEA's products are used by a wide variety of government and non-governmental agencies, as well as public and private companies. These include military bases, nuclear facilities, embassies, government installations, oil refineries, United Nations and NATO locations. LEA's products also have been used at high-profile events such as the Summer & Winter Olympics, Super Bowl, U.S. Golf Championship, and the Democratic and Republican National Conventions. Its products include the Under Vehicle Inspection System (UVIS), EDK123 (Explosive Detection Kit), Bloodhound GPS Tracking System, Letter-bomb Visualizer Spray, and a wide variety of Audio & Video Surveillance Equipment. Headquartered in Youngsville, N.C., the company has been featured in many industry publications and websites. For more information, please visit http://www.leacorp.com/.
Forward-Looking Information: The statements in this news release contain forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve certain risks, assumptions and uncertainties, including the inability to generate and secure the necessary product sales, or the lack of acceptance of the company's products by its customers. In each case actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or modified) will not be realized. DATASOURCE: Law Enforcement Associates, Inc.
CONTACT: Geoff High of Pfeiffer High Investor Relations, Inc., +1-303-393-7044, for Law Enforcement Associates, Inc.
Web site: http://www.leacorp.com/
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